Former eMusic boss David Pakman – now a VC – has written a blog post on ‘the sad state of the old music business’, in which he slams label bosses for the decline of the recorded music sector. But it’s his views on the future that are interesting: “he future of the business is atomized and decentralized. It is one where the collective power of the many fans actively engaged in discovery and sharing have more power than a few senior execs calling the shots about marketing budgets… The music business today is blogs, Twitter tweets, Facebook links, the Hype Machine, TheSixtyOne, Rockwood Music Hall, Pandora and Foursquare.” Much more via the link below. Source: Pakman’s Blog

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